Cymat Technologies (CVE:CYM) Trading Up 47.8% – Here’s What Happened

Cymat Technologies Ltd. (CVE:CYMGet Free Report) shot up 47.8% during mid-day trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. 360,000 shares traded hands during trading, an increase of 586% from the average session volume of 52,500 shares. The stock had previously closed at C$0.12.

Cymat Technologies Price Performance

The firm has a market capitalization of C$9.53 million, a P/E ratio of -2.42 and a beta of 0.75. The company has a quick ratio of 1.58, a current ratio of 0.21 and a debt-to-equity ratio of 901.89. The business’s 50 day moving average is C$0.12 and its 200-day moving average is C$0.13.

About Cymat Technologies

(Get Free Report)

Cymat Technologies Ltd., a materials technology company, manufactures and sells stabilized aluminum foam (SAF) products worldwide. Its SAF products for use in architectural, blast mitigation, and energy absorption applications. The company also provides architectural materials under the Alusion brand name; and energy management and engineering-focused products under the SmartMetal brand name.

Further Reading

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